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  • Obama announces plan to tighten card security Friday, 17 Oct 2014 | 11:36 AM ET

    WASHINGTON— Saying more must be done to stop data breaches affecting consumers, President Barack Obama announced on Friday a government plan to tighten security for the debit cards that transmit federal benefits like Social Security to millions of Americans. Concern is growing over the security of Americans' financial data, with an estimated 100 million...

  • Thanksgiving wars: Macy's to open at 6 pm Thursday, 16 Oct 2014 | 2:48 PM ET
    People enter Macy's Herald Square as the store opens its doors at 8 pm Thanksgiving day on November 28, 2013 in New York City.

    Macy's will open the doors to its full-line department stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year.

  • Merry Christmas! Hiring may hit dot-com boom level Thursday, 16 Oct 2014 | 10:11 AM ET
    A Now Hiring sign to attract seasonal employees

    Christmas season retail hiring is expected to significantly outpace the level seen in 2013.

  • Final Glance: Big-box Retail companies Wednesday, 15 Oct 2014 | 6:07 PM ET

    Costco Wholesale Corp. fell $1.95 or 1.5 percent, to $124.30. Target fell $1.71 or 2.8 percent, to $59.98. Wal-Mart Stores Inc. fell $2.78 or 3.6 percent, to $75.20.

  • Midday Glance: Big-box Retail companies Wednesday, 15 Oct 2014 | 1:17 PM ET

    Costco Wholesale Corp. fell $2.08 or 1.6 percent, to $124.17. Target fell $1.84 or 3.0 percent, to $59.85. Wal-Mart Stores Inc. fell $1.87 or 2.4 percent, to $76.11.

  • Final Glance: Big-box Retail companies Tuesday, 14 Oct 2014 | 6:03 PM ET

    Costco Wholesale Corp. fell$. 72 or. 6 percent, to $126.25. Target rose $1.25 or 2.1 percent, to $61.69. Wal-Mart Stores Inc. rose$. 42 or. 5 percent, to $77.98.

  • Macy's to open even earlier on Thanksgiving Tuesday, 14 Oct 2014 | 5:20 PM ET

    NEW YORK— Macy's Inc. is opening its stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year, to lure holiday shoppers. The Cincinnati- based department store chain opened on Thanksgiving for the first time last year. Target and Wal-Mart began offering holiday discounts on Thanksgiving night two years ago instead of waiting for the day after, which is...

  • The retailer with the lowest prices is ... Tuesday, 14 Oct 2014 | 3:27 PM ET

    According to a new study by Kantar Retail, Dollar General took the low-price crown for a third year in a row.

  • Midday Glance: Big-box Retail companies Tuesday, 14 Oct 2014 | 1:42 PM ET

    Costco Wholesale Corp. fell $1.01 or. 8 percent, to $125.96. Target rose $1.02 or 1.7 percent, to $61.46. Wal-Mart Stores Inc. rose$. 43 or. 6 percent, to $77.99.

  • Google vs. Amazon: The delivery battle heats up Tuesday, 14 Oct 2014 | 10:37 AM ET

    As it seeks to get a bigger slice of Americans' spending, Google just ramped up the delivery wars by expanding its same-day service.

  • JPMorgan CEO says more to be done on cyberattacks Tuesday, 14 Oct 2014 | 10:07 AM ET

    NEW YORK— JPMorgan Chase's CEO Jamie Dimon says that more coordination between businesses and government is needed to combat the rising threat of cyberattacks. New York- based JPMorgan said earlier this month that a breach of its computer systems this summer compromised customer information pertaining to roughly 76 million households and 7 million small...

  • Business Highlights Monday, 13 Oct 2014 | 6:18 PM ET

    WASHINGTON— Just as their economies had begun to recover from the man-made horror of coups and civil war, the West African nations of Guinea, Liberia and Sierra Leone have been knocked back down by a terrifying force of nature: the Ebola virus. In Conakry, capital of Guinea, stray dogs, goats and sheep are plopping down next to empty stalls in street markets devoid of...

  • Oct 13- J.C. Penney Co Inc named Home Depot Inc executive Marvin Ellison as its new chief on Monday, ending an 18- month search but barely allaying investor concerns over problems facing the money-losing department store chain. Ellison, 49, an industry veteran credited with reviving Home Depot's U.S. business, will join J.C. Penney as a board member in November, and...

  • Oct 13- J.C. Penney Co Inc ended a year long search for a chief executive, naming retail industry veteran Marvin Ellison to replace interim CEO Myron Ullman in August 2015. "With operational execution critical at this point in J.C. Penney's lifespan, Ellison's operational background is needed." J.C. Penney said Ellison would join on Nov. 1 as president and...

  • JC Penney names new president and CEO-designee Monday, 13 Oct 2014 | 9:26 AM ET

    J.C. Penney on Monday appointed Marvin Ellison president and CEO-designee, effective Nov. 1. He will also join the retailer's board of directors.

  • JC Penney's new CEO faces challenges Monday, 13 Oct 2014 | 8:56 AM ET

    NEW YORK— J.C. Penney has named a Home Depot executive as its next CEO. J.C. Penney's shares rose in premarket trading on the news. "The board has completed its search for the right CEO to lead the next stage of JC Penney's growth," said Thomas J. Engibous, chairman of J.C. Penney's board of directors in a statement.

  • Banks harvest callers' voiceprints to fight fraud Monday, 13 Oct 2014 | 3:45 AM ET

    LONDON— The caller said her home had burned down and her husband had been badly hurt in the blaze. The conversation, a partial transcript of which was provided to The Associated Press by the anti-fraud company Verint Systems Inc., reflects the growing use of voice biometric technology to screen calls for signs of fraud. Two major U.S. banks, JPMorgan Chase& Co. and...

  • UPDATE 2-Sears says Kmart stores hit by data breach Friday, 10 Oct 2014 | 7:36 PM ET

    Oct 10- Retailer Sears Holdings Corp said the payment data systems at its Kmart stores had been compromised, the latest in a series of computer security breaches to hit U.S. companies in recent months. "This is going to continue indefinitely until people change their practices," said Shawn Henry, a former senior cyber cop with the FBI who is now of the president of...

  • UPDATE 1-Sears detects data breach at Kmart unit Friday, 10 Oct 2014 | 6:36 PM ET

    Oct 10- Retailer Sears Holdings Corp said the payment data system at its Kmart unit had been breached, and that certain debit and credit card numbers could have been compromised. On Thursday, restaurant chain Dairy Queen, owned by Berkshire Hathaway Inc, confirmed that it may have compromised payment card information of customers across 46 U.S. states.

  • Yet another retailer suffers a data breach Friday, 10 Oct 2014 | 6:43 AM ET

    Dairy Queen says hackers may have gained access to customer names, credit and debit card numbers and expiration dates.